Future world revisited: Welcome to cashless Sweden

Three stories have really excited my interest this week. And no, it’s not the Burberry ad campaign nor all those pre-fall collections. Instead it’s: Robots are becoming a significant consumer spending sector. John Lewis is at least one bricks-and-mortar retailer that expects its online sales to be bigger than store sales within four years. And the…

Which store tops UK customer loyalty poll?

A survey of fashion retailers in the UK last year saw 50% of them saying that maintaining customer loyalty is their biggest challenge. That’s no surprise really. A loyal customer is a very cost-effective customer as retailers don’t have to spend a lot of money to lure them in (although sensible retailers will definitely invest in…

Impulse buying Britons spend £2,000 says survey

Britons spend about £162 a month each on impulse purchases and don’t think about the impact on their bank balance. That’s the conclusion of a new survey from the Money Advice Service (MAS) which dubbed the approach YOLO (you only live once) shopping. As many as 61% of the 2,000 people surveyed admitted spending up…

Smartphone shoppers are unhappy says new study

Discounts are everywhere, shoppers are spending like crazy, and all’s well with the world. Right? Wrong! Shoppers, it seems, aren’t at all happy, but they are determined to track down bargains and they’re using their smartphones to do so. New research from multichannel customer engagement specialist Eptica shows US consumers are unsatisfied with the levels…